STI Holdings, Inc., parent company of Stoughton Trailers, announced the opening of a new rental and leasing division. Stoughton Rental and Leasing Co. LLC, DBA Stoughton Lease, will open its first branch in June in Milwaukee, Wis. with plans to add several additional locations in the next year. Stoughton Lease will offer short and intermediate term rental and leasing options and will supplement the long term leasing services offered by Stoughton Trailers Acceptance Company, LLC (STAC).
President of Stoughton Lease Paul Sulewski, who will lead the new division, said, "The trailer leasing business is known for having some inflexible policies. We're looking to change that perception by being fair and flexible, while leasing a better product."
It has been 20 years since a major trailer OEM has been associated with a rental and leasing business. STI Holdings can now expand its commitment and services to the transportation industry with additional rental and ownership options.
Stoughton Lease recently committed to a large number of Stoughton plate trailers, which are known for being damage resistant. "It will be tough to find a newer more durable rental fleet in the country," Sulewski said. Stoughton Lease will offer flexible rental and leasing programs to the transportation industry.